Change to fair-value measurement of operating investment securities
First written in FY2022-Q1. 1 of 3 entries say "Restated". Latest entry: FY2023-Q1.
- FY2023-Q1AdvancedAnnual report
「From the beginning of the current first-quarter consolidated accounting period, the company applied the Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the “Implementation Guidance on the Fair Value Measurement Accounting Standard”) and decided to apply prospectively the new accounting policies prescribed by the guidance. Accordingly, for investment trusts without quoted market prices, the company applies the treatment of using the net asset value as fair value and the treatment of deeming the net asset value to be fair value after determining whether there are significant restrictions on redemption or other matters such that market participants would demand compensation for the risk.」
From the beginning of the current quarter, the company applied the Implementation Guidance on the Fair Value Measurement Accounting Standard and adopted a method of using net asset value as fair value for investment trusts without quoted market prices. As a result, securities held for operating investment purposes increased by ¥55.741 million and valuation difference on other securities increased by ¥36.739 million. - FY2022-Q2RestatedAnnual report
「From the beginning of the first-quarter consolidated accounting period, the company applied the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Accounting Standard”) and related standards, and decided to apply prospectively the new accounting policies prescribed by those standards.」
The company continues to apply the measurement method based on the Fair Value Measurement Accounting Standard and related standards adopted from the beginning of the first-quarter consolidated accounting period. - FY2022-Q1First statedAnnual report
「From the beginning of the current first-quarter consolidated accounting period, the company applied the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Accounting Standard”) and related standards. In accordance with the transitional treatment prescribed in paragraph 19 of the Fair Value Measurement Accounting Standard and paragraph 44-2 of the Accounting Standard for Financial Instruments (ASBJ Statement No. 10, 4 July 2019), the company decided to apply the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and related standards prospectively. As a result, warrants and corporate bonds among securities held for operating investment purposes, which had previously been classified as financial instruments for which fair value was extremely difficult to determine, had been measured at acquisition cost as amounts on the quarterly consolidated balance sheet. The company has changed this method to measuring them at fair value as amounts on the quarterly consolidated balance sheet.」
The company applied the Fair Value Measurement Accounting Standard and changed the method of recording warrants and corporate bonds held as securities for operating investment purposes, which had previously been measured at acquisition cost, at fair value on the quarterly consolidated balance sheet.